JPMorgan Ultra-Short Income ETF $JPST Holdings Cut by Golden State Wealth Management LLC

Golden State Wealth Management LLC trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 35.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 45,210 shares of the company’s stock after selling 24,538 shares during the quarter. Golden State Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,294,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Millennium Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 23.0% in the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after buying an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at $3,603,000. Sound Income Strategies LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 54.9% during the second quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock valued at $59,000 after purchasing an additional 412 shares in the last quarter. Truist Financial Corp lifted its holdings in JPMorgan Ultra-Short Income ETF by 14.0% in the second quarter. Truist Financial Corp now owns 272,875 shares of the company’s stock worth $13,829,000 after purchasing an additional 33,497 shares during the period. Finally, Brueske Advisory Services LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 9.3% in the second quarter. Brueske Advisory Services LLC now owns 17,129 shares of the company’s stock worth $868,000 after purchasing an additional 1,451 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.75 on Thursday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The firm has a market capitalization of $36.23 billion, a PE ratio of 110.33 and a beta of 0.01. The company’s 50 day simple moving average is $50.67 and its 200 day simple moving average is $50.66.

JPMorgan Ultra-Short Income ETF Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.